MOZAIEK: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MOZAIEK
Largest movements
- Receivables within one year +€252,702
up €252,702 (+69.2%), from €365,068 to €617,770
of which Other amounts receivable: +€190,679
- Stocks and contracts -€59,746
down €59,746 (-38.0%), from €157,030 to €97,284
- Debts after one year +€202,378
up €202,378 (+270.7%), from €74,774 to €277,152
of which Other amounts payable: +€208,900
- Trade debts +€63,069
up €63,069 (+38.4%), from €164,409 to €227,478
- Profit (loss) carried forward -€44,721
down €44,721 (-80.1%), from €55,852 to €11,131
- Tax, wage and social debts -€29,682
down €29,682 (-23.0%), from €129,266 to €99,584
of which Taxes: -€37,923
- Gross operating margin -€77,127
down €77,127 (-36.3%), from €212,268 to €135,141
- Staff costs -€14,514
down €14,514 (-9.5%), from €153,164 to €138,650
- Taxes -€9,131
down €9,131 (-93.6%), from €9,753 to €622
- Financial charges +€2,845
up €2,845 (+8.5%), from €33,426 to €36,271
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €603,949 | €792,327 | +€188,378 | +31.2% |
| Fixed assets | 21/28 | €75,426 | €70,644 | -€4,782 | -6.3% |
| Tangible fixed assets | 22/27 | €21,158 | €16,376 | -€4,782 | -22.6% |
| Plant, machinery and equipment | 23 | €1,818 | €1,536 | -€282 | -15.5% |
| Furniture and vehicles | 24 | €19,340 | €14,840 | -€4,500 | -23.3% |
| Financial fixed assets | 28 | €54,268 | €54,268 | = | 0.0% |
| Current assets | 29/58 | €528,523 | €721,683 | +€193,160 | +36.5% |
| Stocks and contracts in progress | 3 | €157,030 | €97,284 | -€59,746 | -38.0% |
| Stocks | 30/36 | €157,030 | €97,284 | -€59,746 | -38.0% |
| Amounts receivable within one year | 40/41 | €365,068 | €617,770 | +€252,702 | +69.2% |
| Trade receivables | 40 | €111,551 | €173,574 | +€62,023 | +55.6% |
| Other amounts receivable | 41 | €253,517 | €444,196 | +€190,679 | +75.2% |
| Cash at bank and in hand | 54/58 | €5,309 | €5,435 | +€126 | +2.4% |
| Deferred charges and accrued income | 490/1 | €1,116 | €1,194 | +€78 | +7.0% |
| Total equity and liabilities | 10/49 | €603,949 | €792,327 | +€188,378 | +31.2% |
| Equity | 10/15 | €76,312 | €31,591 | -€44,721 | -58.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,852 | €11,131 | -€44,721 | -80.1% |
| Amounts payable | 17/49 | €527,637 | €760,736 | +€233,099 | +44.2% |
| Amounts payable after more than one year | 17 | €74,774 | €277,152 | +€202,378 | +270.7% |
| Financial debts | 170/4 | €12,774 | €6,252 | -€6,522 | -51.1% |
| Other amounts payable | 178/9 | €62,000 | €270,900 | +€208,900 | +336.9% |
| Amounts payable within one year | 42/48 | €452,863 | €483,584 | +€30,721 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €9,188 | €6,522 | -€2,666 | -29.0% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €164,409 | €227,478 | +€63,069 | +38.4% |
| Suppliers | 440/4 | €164,409 | €227,478 | +€63,069 | +38.4% |
| Taxes, remuneration and social security | 45 | €129,266 | €99,584 | -€29,682 | -23.0% |
| Taxes | 450/3 | €85,230 | €47,307 | -€37,923 | -44.5% |
| Remuneration and social security | 454/9 | €44,036 | €52,277 | +€8,241 | +18.7% |
| Non-recurring operating income | 76A | €200 | €67 | -€133 | -66.5% |
| Remuneration, social security and pensions | 62 | €153,164 | €138,650 | -€14,514 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,254 | €5,770 | +€1,516 | +35.6% |
| Other operating charges | 640/8 | €1,528 | €2,217 | +€689 | +45.1% |
| Gross operating margin | 9900 | €212,268 | €135,141 | -€77,127 | -36.3% |
| Operating profit (loss) | 9901 | €53,322 | -€11,496 | -€64,818 | |
| Financial income | 75/76B | €3,052 | €3,668 | +€616 | +20.2% |
| Recurring financial income | 75 | €3,052 | €3,668 | +€616 | +20.2% |
| Financial charges | 65/66B | €33,426 | €36,271 | +€2,845 | +8.5% |
| Recurring financial charges | 65 | €33,426 | €36,271 | +€2,845 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €22,948 | -€44,099 | -€67,047 | |
| Income taxes | 67/77 | €9,753 | €622 | -€9,131 | -93.6% |
| Profit (loss) for the period | 9904 | €13,195 | -€44,721 | -€57,916 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,195 | -€44,721 | -€57,916 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.